| Ref |
11 |
| Plan Name |
Equity Release Shared Growth Option |
| Plan Type |
Home Reversion |
| Min Percent Loan To Value |
30% |
| APR |
0.0% |
| Min Cash Sum to Value |
£15,000 |
| Max Percent Loan To Value |
90% |
| Max Cash Sum To Value |
£500,000 |
| Minimum Male Age |
65 |
| Minimum Female Age |
65 |
| Minimum Joint Age |
65/65 |
| Lump Sum |
Yes |
| Regular Income |
No |
| Life Cover |
No |
| Further ER Advances |
No |
| SHIP Member |
Yes |
| No Negative Equity Guarantee |
Yes |
| Medical Required |
No |
| Ex Council Property |
No |
| Location |
England Wales
|
| Minimum Property Value |
£60,000 |
| Minimum Length of Lease |
80 years |
| Property Condition |
Well Maintained |
| Property Type |
House Bungalow |
| Property Status |
Freehold |
| Existing Mortgage |
Yes |
| Conditional Property Insurance |
No |
| Security of Tenure |
No |
| Minimum Income Requirement |
No |
| Income Linked to Property Value |
No |
| Plan Income Protection |
No |
| Incentives |
Yes, Hodge will pay £200 towards legal fees on completion. |
| Fees |
| Arrangement |
 |
No |
| Discharge |
|
No |
| Legal |
|
No |
| Valuation |
|
Yes, Valuation fees payable by client. |
| Early Repayment |
|
No |
| Other |
|
No |
|
| Loan Repayment Options |
No |
| Is Plan Portable |
Yes |
| Available From |
Direct, IFA |
| Other |
Further loans may be available. |
| Plan Details Date |
Sep 2007 |
